Good, normalising as they should. 👍 Bangalore needs to build world-class infrastructure first to demand that level of rent.
Stabilising for sure. Days of over-inflated rents like over-inflated salaries are over lol.
The flat I'd vacated after the ludicrous price increase (30 → 55) went for 40 many months later. LOL
Now that is good, where was the location?
Whitefield, similar stories coming in from Bellandur-Sarjapur ORR corridor. Techbros during boom time thinking sharing a 3BHK for 30k/person is completely fine
Very happy to see this.
It just goes on to show how demand side inflationary illiquid assets tend to be.
When the bubble drops is cutely when the penny drops for most people.
Im actually seeing lots of tolet boards around my area
Which area is this?
HSR layout
Recently our Owner asked us to vacate after 3 years of staying here in Koramangala, a 4 BHk home. Mostly be renegotiating with him.
Meanwhile in our search for possible other options, we have found that most of the residential properti...
In and around Whitefield rents have increased more than 10k compared to last year. It's very difficult to find a good house in budget near to office and near to kid school. Salaries are not increased but cost of living is touching the sk...
We've witnessed so many layoffs in the past year and this continues to be an upward trend. Bangalore is a city of IT professionals and these layoffs seem to have no effect on the real estate. Is this because the numbers are negligent? ...
There is a lag effect, give it a few months and you will see rents and prices not increasing anymore
Understanding what is the going rent for a 2BHK in Bangalore close to ORR.
Used to work from home happily. But office folks decided to make it hybrid last year and I moved to Bangalore with my wife. Rented a 2BHK flat near Marathahalli...
